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Old 10-14-2005, 07:01 PM
Grok
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Default Difference between 401k and single member 401k

I would like to know what differences other than the fact that a single
401k has one member exist between these investment vehicles? Are they
subject to any different contribution or distribution requirements or
have any different loan or hardship provisions? Thanks
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Old 10-16-2005, 07:01 PM
Drew Edmundson
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Default Re: Difference between 401k and single member 401k

On Fri, 14 Oct 2005 14:37:28 -0500, "Grok"
<bwilliams674@hotmail.com> wrote:

Quote:
I would like to know what differences other than the fact that a single
401k has one member exist between these investment vehicles? Are they
subject to any different contribution or distribution requirements or
have any different loan or hardship provisions? Thanks
There is no legal difference.

---
Drew Edmundson, CPA
Cary, NC
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